First Bank & Trust Has $1.81 Million Stock Position in AT&T Inc. $T

First Bank & Trust lowered its holdings in shares of AT&T Inc. (NYSE:T) by 30.9% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 72,815 shares of the technology company’s stock after selling 32,597 shares during the quarter. First Bank & Trust’s holdings in AT&T were worth $1,809,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors and hedge funds have also modified their holdings of the company. State Street Corp boosted its holdings in AT&T by 0.8% in the third quarter. State Street Corp now owns 323,775,045 shares of the technology company’s stock worth $9,143,407,000 after purchasing an additional 2,704,536 shares in the last quarter. Norges Bank bought a new position in AT&T during the second quarter valued at about $2,228,655,000. Capital Research Global Investors lifted its position in shares of AT&T by 0.6% in the third quarter. Capital Research Global Investors now owns 65,607,835 shares of the technology company’s stock worth $1,852,765,000 after buying an additional 370,455 shares during the last quarter. Invesco Ltd. lifted its position in shares of AT&T by 8.6% in the third quarter. Invesco Ltd. now owns 57,823,362 shares of the technology company’s stock worth $1,632,932,000 after buying an additional 4,584,316 shares during the last quarter. Finally, Ameriprise Financial Inc. boosted its stake in shares of AT&T by 8.7% during the 2nd quarter. Ameriprise Financial Inc. now owns 55,247,484 shares of the technology company’s stock worth $1,598,697,000 after acquiring an additional 4,404,688 shares in the last quarter. Institutional investors and hedge funds own 57.10% of the company’s stock.

AT&T News Summary

Here are the key news stories impacting AT&T this week:

• Positive Sentiment: Wall Street lifts targets — Goldman Sachs and KeyBanc raised price targets and reiterated optimism tied to AT&T’s new segment reporting and converged customer momentum, which analysts say improves revenue visibility and the stock’s upside case. Article Title
• Positive Sentiment: KeyCorp boosts outlook — KeyCorp raised its price target to $36 and moved to an “overweight” rating, signaling ~25% upside vs. current levels and reinforcing the analyst-buy case. Article Title
• Positive Sentiment: Strategic AI/edge collaboration — AT&T is partnering with NVIDIA and Cisco on edge AI compute, intelligent networking and zero‑trust security for mission‑critical IoT use cases, a move that could expand enterprise edge services and high‑margin revenue over time. Article Title
• Positive Sentiment: Competitive product push — AT&T rolled out a major digital service upgrade aimed at stemming customer losses and competing with price-focused offers from rivals like T‑Mobile, which could help stabilize churn and ARPU. Article Title
• Neutral Sentiment: Marketing & event connectivity — AT&T’s TGL partnership (SoFi Center) showcases its connectivity capabilities for live events — a branding/contract win with limited near‑term revenue impact. Article Title
• Neutral Sentiment: Analyst/coverage notes and valuation checks — Several outlets are re‑examining AT&T after its YTD rally; coverage highlights steady returns but asks whether current price fully reflects fundamentals. Article Title
• Negative Sentiment: Shareholder governance proposals — New proposals ask for written‑consent rights and public EEO‑1 workforce disclosure, introducing proxy‑season governance risk and potential distraction for management. Article Title

Wall Street Analysts Forecast Growth

A number of research analysts recently weighed in on T shares. Scotiabank raised their price objective on AT&T from $29.50 to $31.00 and gave the company a “sector perform” rating in a research note on Monday, March 9th. Citigroup upped their target price on AT&T from $29.00 to $31.50 and gave the stock a “buy” rating in a research report on Monday. Morgan Stanley lowered their price target on AT&T from $32.00 to $30.00 and set an “overweight” rating on the stock in a report on Wednesday, December 10th. Barclays dropped their price target on shares of AT&T from $28.00 to $26.00 and set an “equal weight” rating on the stock in a research report on Tuesday, January 13th. Finally, Deutsche Bank Aktiengesellschaft restated a “buy” rating and issued a $33.00 price objective on shares of AT&T in a research note on Thursday, January 29th. One equities research analyst has rated the stock with a Strong Buy rating, fourteen have issued a Buy rating and eight have assigned a Hold rating to the company. Based on data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and a consensus price target of $30.72.

AT&T Price Performance

NYSE T opened at $28.77 on Thursday. The stock has a 50-day simple moving average of $26.99 and a 200 day simple moving average of $26.25. AT&T Inc. has a twelve month low of $22.95 and a twelve month high of $29.79. The stock has a market capitalization of $200.88 billion, a PE ratio of 9.43, a P/E/G ratio of 1.08 and a beta of 0.39. The company has a debt-to-equity ratio of 1.00, a quick ratio of 0.86 and a current ratio of 0.91.

AT&T (NYSE:T) last released its earnings results on Wednesday, January 28th. The technology company reported $0.52 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.46 by $0.06. The firm had revenue of $33.47 billion for the quarter, compared to analyst estimates of $32.91 billion. AT&T had a return on equity of 12.33% and a net margin of 17.47%.The company’s revenue was up 3.6% on a year-over-year basis. During the same quarter last year, the firm posted $0.43 EPS. AT&T has set its FY 2026 guidance at 2.250-2.350 EPS. Research analysts anticipate that AT&T Inc. will post 2.14 EPS for the current year.

AT&T Company Profile

AT&T Inc is a global telecommunications company that provides a broad range of communications and digital entertainment services. Its core activities include consumer and business wireless services, broadband and fiber internet, and network infrastructure. The company operates branded wireless services through AT&T Mobility and deploys fixed-line and fiber networks to deliver high-speed internet and related home services.

AT&T’s product and service portfolio spans mobile voice and data plans, smartphones and device sales, home internet (including fiber-to-the-home where available), and managed connectivity solutions for enterprise customers.